The supply of contemporary industrial facilities continues to increase steadily, Colliers International reports. Demand, too, continues to grow driven by increased quality requirements by both local and international companies. Owner occupied and build-to-suit developments continue to form almost the entire inventory of modern industrial space.

First logistics park in VarnaLand prices of industrial zoned land in some locations increased to unrealistically high levels, while rents for prime industrial space remained stable. The development of the first logistics park was initiated in Varna.

Local and regional infrastructure continues to improve as EUR 731.5 million in Bulgaria and EUR 2,761.25 million in Southeast Europe are being invested in transport infrastructure projects alone. Owner occupied and build-to-suit developments continue to form almost the entire inventory of modern industrial space.